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Listed price in listed location currency (USD).
$420,000

312

MLS® 24162878

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 957 sqft
Garage No
Taxes $4,486
Days Active 0
Lot Size 0.27 acres
Approx. Age 1950
Avg. Price Per Sqft $438
MLS® Number 24162878

Property Address: 25 Lake Dr, New Milford, CT, 06776-4144

Average square foot calculated using Size range provided by listing agent.

Description

Set within the sought-after Candlewood Trails community on Lake Candlewood, this rare offering presents an exceptional opportunity to create a custom lake lifestyle just moments from the water. Residents enjoy access to a beautifully maintained private beach, boat docks, and an outstanding clubhouse that serves as a natural extension of lakeside living, offering inviting gathering spaces, sweeping lake views, and year-round enjoyment. The property sits ideally just above the waterfront, providing both privacy and perspective while remaining only steps from the shoreline. Whether you envision a thoughtful renovation or a brand new custom build, this is your chance to design a home that fully embraces its setting. Architectural plans have already been prepared, featuring a design that maximizes natural light and lake views with seamless indoor-outdoor living. The concept includes elevated outdoor entertaining spaces - a front patio positioned above a garage to capture lake views, and a rear outdoor area with the potential for a level yard. Candlewood Trails is a well-managed community that has made meaningful investments in its infrastructure, including the ongoing reconstruction of roads and water systems, while responsibly building reserves. Annual dues include access to the private water system, road maintenance, beach, clubhouse, and all common areas. Dock slips are available for boating and water recreation., Property offered as-is. Whether you are seeking a private retreat or a premier investment in one of Connecticut's most desirable lake Communities, this offering delivers lifestyle, location, and long term value in a truely special setting. Existing structure is a candidate for a full renovation or redevelopment. Extensive due diligence materials available, including site plan, grading plan, architetural floor plans, and renderings for a proposed 3 bedroom home designed to maximize lake views, natural light, and indoor/outdoor living. Association reserves approximately $657, 000 as of last reporting. Major infrastructure improvements underway including road reconstruction and water system upgrades, with remaining phases scheduled over the coming years. Association approval in place permitting construction of a single family residence and appurtenances. Earth tone exterior required. Shed permitted up to a size of 14'x14'. Proposed design incorporates an elevated front patio above the garage oriented toward lake views and a rear outdoor entertaining area with approximately 36 feet of usuable depth behind the proposed home footprint, allowing for a potential level rear yard.
MLS® Number24162878
Laundry Level
Central VacNo
FireplaceNo
Acreage0.27
Exterior
GarageNo
Approx. Age1950
BasementPartial
DrivewayPaved
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 30, 2026List Date
$420,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $370,000 and $445,000.
Similar properties in this area sold on average for: $370,666
Expected to sell in 12 days. Similar properties sold in 12 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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